Vulcan Flyovers offers scenic overflights of Mount St. Helens, the volcano in Washington State that explosively erupted in 1982. Data concerning the company’s operations in July appear below:   Vulcan Flyovers Operating Data For the Month Ended July 31   Actual Results Flexible Budget Planning Budget Flights (q)   60   60   58               Revenue ($345.00q) $ 16,500 $ 20,700 $ 20,010 Expenses:             Wages and salaries ($3,300 + $88.00q)   8,544   8,580   8,404 Fuel ($33.00q)   2,144   1,980   1,914 Airport fees ($820 + $32.00q)   2,590   2,740   2,676 Aircraft depreciation ($9.00q)   540   540   522 Office expenses ($240 + $1.00q)   468   300   298 Total expense   14,286   14,140   13,814 Net operating income $ 2,214 $ 6,560 $ 6,196     The company measures its activity in terms of flights. Customers can buy individual tickets for overflights or hire an entire plane for an overflight at a discount.   Required: 1. Prepare a flexible budget performance report for July that includes revenue and spending variances and activity variances.

Wages and salaries Jake's Roof Repair provided the following data concerning its costs: Cost per Repair-Hour $ 15.00 Fixed Cost per Month $ 21,100 Parts and supplies $ 7.40 Equipment depreciation $ 2,750 $ 0.55 Truck operating expenses $ 5,730 $ 1.70. Rent $ 4,690 Administrative expenses $ 3,850 $ 0.70 For example, wages and salaries should be $21,100 plus $15.00 per repair-hour. The company expected to work 2,600 repair-hours in May but actually worked 2,500 repair-hours. The company expects its sales to be $47.00 per repair-hour. Required: Compute the company's activity variances for May. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values. Required: Compute the company's activity variances for May. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all…

Vaughn Security Inc. provides security guard services to shopping malls. Data related to Vaughn's overhead costs for the current year are as follows: Head Office Activity Total Overhead Cost Supervision Technology fees Rent/Utilities/Taxes Total Cost Driver Activity. $133000 # of employees 70 62000 computer hours 2000 40000 direct labour hours 160000 $235000 During the year, Vaughn provided security services to the Cullumber Creek Mall including 3 employees, 120 computer hours and 10400 labour hours. Overhead applied to the Cullumber Creek Mall job for the year using ABC is O $9420.00. ○ $6320.00. ○ $12020.00. ○ $1931.25.

The Cheyenne Hotel in Big Sky, Montana, recorded its total electrical costs and number of occupancy-days over the last year. An occupancy-day represents a room rented for one day. The hotel's business is highly seasonal, with peaks occurring during the ski season and in the summer. Month January February March April May June July August September October November December Occupancy- Days 3,250 3,470 3,660 1,760 1,350 4,350 3,280 1,610 700 1,300 1,640 2,220 Electrical Costs $ 9,660 $ 10,185 $ 10,360 $ 6,160 $ 4,725 $ 11,575 $ 9,765 $ 5,635 $ 2,450 $ 4,550 $5,740 $ 7,770 Required: 1. Using the high-low method, estimate the fixed cost of electricity per month and the variable cost of electricity per occupancy-day. Note: Do not round your intermediate calculations. Round your Variable cost answer to 2 decimal places and Fixed cost element answer to nearest whole dollar amount. Variable cost of electricity Fixed cost of electricity X Answer is complete but not entirely correct. $ 3.50 x per…